By Marisa Wong
Morgantown, W.Va., July 26 – Citigroup Global Markets Holdings Inc. priced $4.05 million of callable step-up coupon notes due July 26, 2021, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
Interest will be 2.5% initially, stepping up to 2.75% on July 26, 2019 and to 3.1% on July 26, 2020. Interest will be payable quarterly.
The payout at maturity will be par.
The notes will be callable in whole at par on any quarterly date beginning on July 26, 2019.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Callable step-up coupon notes
|
| Amount: | $4,053,000
|
| Maturity: | July 26, 2021
|
| Coupon: | 2.5% initially, stepping up to 2.75% on July 26, 2019 and to 3.1% on July 26, 2020; payable quarterly
|
| Price: | Par
|
| Payout at maturity: | Par
|
| Call option: | At par on any quarterly redemption date beginning July 26, 2019
|
| Pricing date: | July 23
|
| Settlement date: | July 26
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 0.75%
|
| Cusip: | 17324CWP7
|
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